Decentr (DEC) is an immutable platform that collects and secures user data, allowing anyone to monetize their internet activities. Its native token, DEC, is used to buy and sell data and, according to Poloniex, helps determine the value of user data. Users can gain or lose personal data, or PDV (Personal Data Value), based on positive or negative interactions within the Decentr platform. PDV actively increases the spend value of DEC tokens.
DEC is the latest DeFi project that Poloniex added to increase stability. The crypto exchange adds that DEC is part of its ongoing support for DeFi projects.
Decentr created IoV (virtualized I/o) using data as a means of payment instead of currency as part of the foundation for a sustainable data economy. This will create the technical, contractual, and compliance basis for the global digital marketplace, controlled at the individual user level.
Utilities of Decentr
You are the owner
On Decentr, you own your personal user data. Every online visit remains part of your personal ID, securely stored on DecID.
Your data is currency
Secure data is a superior store of value than money. This value can be used on Decentr as an exchangeable currency to offset payments at PoS.
The value of your personal data
PDV acts as your personal exchange rate between all currencies, fiat and digital.
Commitment equals value
Your PDV fluctuates: positive engagement will see your PDV increase, payments cheaper, and negative engagement will decrease as well.
The “real” data economy
Be aware of the “real” data economy
Decentr aims to realize the full potential of the “real” data economy by building a secure open source platform that decentralizes existing centralized data exchange systems. in a similar way to blockchain solutions that decentralize digital transactions, solving the data sharing/storage paradox.
This will allow data to be securely stored, reused, and exchanged as distributed and distributed data as part of the real data economy – an economy that redefines data. as a convenient, secure, and replaceable “store of value”.
Decentr token economy
Deconomics & DEC
Deconomics (or decentralized economy) is a completely new type of informal/behavioural economic model that Decentr has developed to facilitate the exchange of data to money and money to data in the platform. The data economy is now worth $1.7 trillion.
Deconomics gives native DEC tokens unprecedented utility. DEC is the only token that supports the exchange between data and all currencies (fiat and digital) as part of a new global economy based on economic extraction from structured data.
Nikita Anikeev, Co-Founder, CTO
Graduated with a Bachelor of Science (ITC – Technical Telecommunications) from City University, New York… Nikita is an experienced project delivery manager with a history of working in the information technology and services sectors. He has skills in mobile applications, business web development, Agile project management.
Paul Sluszko, Co-Founder, COO
Experience working for UK Courts and UK national charities, with large sums of money to improve processes, business communication and workflow. Paul has experience with the Gov.uk intranet, a B2B and B2C business and information distribution system, primarily in the public domain.
Rich James, Co-Founder, CCO
He has technical experience, concept and bid writer H2020-H2027. Rich is a blockchain/crypto, AI and business writer and editor for Governments, businesses, and nonprofits. He is responsible for turning complex systems and economics, SSH and communications into actionable specifications for the team of developers.
Data is the new currency. Companies have been selling your stolen data for over a decade now – the raw user data really belongs to you. Decentr returns control and data value to you who use the platform.
You retain the payables assigned to the secure data you create on Decentr. You use this data value to offset purchases made through our platform, making the goods and services you purchase cheaper.
According to AZCoin News
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